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Top 7 Travel Money Cards for Australians

travel money card

Planning your next international adventure from Australia? Choosing the right travel money card can impact your ability to manage finances abroad effectively. Whether you're exploring the bustling streets of New York City, relaxing on the beaches of Bali, or skiing in the Swiss Alps, having a reliable payment method that minimizes fees and offers competitive exchange rates is great for a stress-free travel experience.

With the right travel money card in hand, you can easily make payments whilst traveling overseas. They make paying easier for shops, restaurants, hotels, and ATMs.

In this guide, we have compared travel money cards to help you make the best selection for your next trip.

Best Travel Money Cards:

Wise Travel Card - Great Exchange Rates

  • 40+ currencies available
  • Best exchange rates globally
  • One of the lowest conversion fee on the market
  • No international transaction fees
  • No annual or monthly fees
  • Extremely low costs to send money overseas

Revolut - Low Fees

  • 30+ currencies available
  • One of the best exchange rates globally
  • No international transaction fees
  • No annual or monthly fees for standard membership
  • No initial card fee
  • Instant access to a range of cryptocurrencies

Travelex Money Card - Best All Rounder

Best Features

  • Unlimited free ATM withdrawals
  • 24/7 Emergency Assistance
  • Initial and replacement card are free
  • No international transaction fees
  • Lock in up to 10 currencies

Bankwest Breeze Platinum Credit Card - Lowest Interest Rate

Best Features

  • Lowest interest rate at 9.90%
  • No international transaction fees on purchases
  • 0% p.a. on purchases and balance transfers for the first 15 months
  • Up to 55 days interest free on purchases
  • Low annual fee
  • Complimentary international travel insurance
Bankwest Breeze Platinum Card - one of the 5 best credit cards for Travel in 2022
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Bankwest Breeze Platinum Credit Card

  • Free annual fee first year, then $69 annual fee
  • 55 interest free days
  • Free international travel insurance that includes the basics but does not cover cancellation costs, pre existing conditions and travellers over 80
  • $6,000 minimum credit card
  • 0% p.a. on purchases and balance transfers for the first 15 months, then reverts to 9.90%
  • 21.99% interest rate on purchases and cash advances
  • Cash advance fee of the higher of $4 or 2% of cash advance
  • Can be used wherever Mastercard is accepted

The Bankwest Breeze Platinum is a great no frills credit card that offers ‘no foreign transaction fees’ and the lowest interest rate on the market, at 9.90%. These two factors alone will save you hundreds of dollars when travelling overseas.

In addition it has a low annual fee and complimentary international travel insurance. Finally for its price point it is a great value credit card that will be accepted most places around the world.

HSBC Everyday Global Debit Card

  • No initial card or closure fees
  • No monthly or account fees
  • No international transaction fees
  • No international ATM fees
  • No cross currency conversion fees
  • Lock in very competitive exchange rates before travel
  • No maximum balance
  • Earn 2% cashback
  • Use promo code SMONEY10 for a $10 discount
  • Up to 15% off international flights
  • A globally accepted virtual student ID card
  • 2% cash back on food & drinks, transport and accommodation
  • Over 150,000 discounts worldwide
  • Apple Pay
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Pelikin Student Traveller Card

  • Apple Pay
  • $30 for 12 months
  • 20+ currencies available
  • Split bills, pay and get paid instantly

Pelikin is one of the only travel cards in Australia specifically for students. While it has a small annual fee, the range of discounts and offers more than make up for it.

The app is relatively easy to use and card arrives in under a week.

Best Rewards Card

Qantas Travel Money Card

  • No monthly fees, purchase fees and currency conversion fees
  • No load fees if you pay by bank transfer or BPay
  • Locked in exchange rates: 4%+ margin on exchange rates
  • Earn 1.5 Qantas points for every AU$1 spent in foreign currency

Key Features to Consider

When selecting a travel money card, several key features can affect your travel budget:

  • Foreign Transaction Fees: Compare cards that offer low or waived foreign transaction fees to minimize costs when purchasing abroad.
  • Exchange Rates and Currency Conversion Fees: Look for cards that provide competitive exchange rates and minimal currency conversion fees to maximize the value of your money.
  • ATM Withdrawal Fees and Limits: Evaluate the cost and limits associated with ATM withdrawals overseas to avoid unnecessary fees.
  • Additional Perks: Consider cards that offer supplementary benefits such as travel insurance, emergency assistance, and rewards programs, which can enhance your travel experience.
Editorial note: We may not cover every product in this category. For more information, see our Editorial guidelines.

Other popular travel money cards

Aside of the Top 5 travel money cards, there are many more options to consider. These include well known brands such as the Commonwealth Bank and Travelex and less known services like Up Bank and Revolut.

Here is a rundown of their best features, fees and available currencies:

FAQs

Learn more about the best debit, credit and prepaid cards for travel

More Travel Card Guides

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